Accepted Offer In-Place. Stable, Hands-Off Investment Opportunity. 6.22% Cap Rate. The subject property is located just north of downtown along Terminal Avenue, one of the major arteries in Nanaimo, B.C. This +/- 2,077 SF strata retail unit, built in 2014, has exceptional street front exposure and is currently Tenanted by Kidz Kompany Childcare Group Ltd. The tenant has been occupying the subject location for the past seven years and has a five-year renewal commencing March 1, 2023, and expiring February 29, 2028. Financial information is available upon receipt of a completed Confidentiality Agreement (CA). See supplements.
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Accepted Offer In-Place. Stable, Hands-Off Investment Opportunity. 6.22% Cap Rate. The subject property is located just north of downtown along Terminal Avenue, one of the major arteries in Nanaimo, B.C. This +/- 2,077 SF strata retail unit, built in 2014, has exceptional street front exposure and is currently Tenanted by Kidz Kompany Childcare Group Ltd. The tenant has been occupying the subject location for the past seven years and has a five-year renewal commencing March 1, 2023, and expiring February 29, 2028. Financial information is available upon receipt of a completed Confidentiality Agreement (CA). See supplements.
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